William Lion Penzner Foundation

Santa Barbara, CA
Tax-exempt since April 2000
EIN: 33-0840613

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Philanthropy, Voluntarism and Grantmaking Foundations / Private Independent Foundations (NTEE)

Donations to this organization are tax deductible.

Revenue

$642k (2024)

Expenses

$580k (2024)

Total Assets

$9.36M (2024)

Total Liabilities

$1.3k (2024)

Years with missing data

Source: Form 990 tax filings from 2010 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$642,226

Expenses

$580,209

Net Income

$62,017

Net Assets

$9,360,358

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$642,226	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$445,703	76.8%
Compensation of Officers*	$293,312	50.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,361,658
Total Liabilities	$1,300
Net Assets	$9,360,358

Compensation

Key Employees and Officers	Compensation	Other
Johnathin A Iverson (Treasurer)	$96,000	$0
Dyanne C Iverson (President)	$96,000	$0
Cordell K Iverson (Board Chairman)	$50,656	$0
Cordell Iverson Jr (Secretary)	$50,656	$0

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990-PF

Filed on Feb. 26, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2023

Revenue

$465,000

Expenses

$553,350

Net Income

-$88,350

Net Assets

$9,298,341

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$465,000	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$435,888	78.8%
Compensation of Officers*	$242,422	43.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,298,341
Total Liabilities	$0
Net Assets	$9,298,341

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Board Chairman)	$95,883	$0
Dyanne C Iverson (President)	$95,883	$0
Johnathin A Iverson (Treasurer)	$50,656	$0
Cordell Iverson Jr (Secretary)	$0	$0

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990-PF

Filed on June 11, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2022

Revenue

$638,539

Expenses

$603,271

Net Income

$35,268

Net Assets

$9,386,691

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$638,539	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$490,048	81.2%
Compensation of Officers*	$239,842	39.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,387,495
Total Liabilities	$804
Net Assets	$9,386,691

Compensation

Key Employees and Officers	Compensation	Other
Johnathin A Iverson (Secretary)	$94,593	$0
Cordell K Iverson (Treasurer)	$94,593	$0
Dyanne C Iverson (President)	$50,656	$0

990-PF

Filed on March 3, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2021

Revenue

$564,692

Expenses

$575,534

Net Income

-$10,842

Net Assets

$9,351,423

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$564,692	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$463,077	80.5%
Compensation of Officers*	$239,842	41.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,352,227
Total Liabilities	$804
Net Assets	$9,351,423

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Treasurer)	$94,593	$0
Dyanne C Iverson (President)	$94,593	$0
Johnathin A Iverson (Secretary)	$50,656	$0

990-PF

Filed on Sept. 23, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2020

Revenue

$300,247

Expenses

$465,100

Net Income

-$164,853

Net Assets

$9,362,265

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$34,742	11.6%
Dividends	$0
Sales of Assets	$0
Other Income	$265,505	88.4%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$355,986	76.5%
Compensation of Officers*	$237,300	51.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,363,069
Total Liabilities	$804
Net Assets	$9,362,265

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Treasurer)	$94,593	$0
Dyanne C Iverson (President)	$79,947	$0
Johnathin A Iverson (Secretary)	$33,771	$0

990-PF

Filed on Nov. 15, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Dec.
2019

Revenue

$369,468

Expenses

$512,305

Net Income

-$142,837

Net Assets

$8,271,181

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$369,468	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$397,054	77.5%
Compensation of Officers*	$232,216	45.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,271,985
Total Liabilities	$804
Net Assets	$8,271,181

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Treasurer)	$94,593	$0
Beverly Jane Iverson (President)	$86,967	$0
Dyanne C Iverson (Secretary)	$50,656	$0

990-PF

Filed on June 10, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2018

Revenue

$719,205

Expenses

$608,981

Net Income

$110,224

Net Assets

$8,414,018

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$719,205	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$493,233	81.0%
Compensation of Officers*	$232,216	38.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,414,018
Total Liabilities	$0
Net Assets	$8,414,018

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Treasurer)	$94,593	$0
Beverly Jane Iverson (President)	$86,967	$0
Dyanne C Iverson (Secretary)	$50,656	$0

990-PF

Filed on May 10, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2017

Revenue

$612,144

Expenses

$611,137

Net Income

$1,007

Net Assets

$9,558,731

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$612,144	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$489,430	80.1%
Compensation of Officers*	$232,216	38.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,564,676
Total Liabilities	$5,945
Net Assets	$9,558,731

Compensation

Key Employees and Officers	Compensation	Other
Cordell K Iverson (Treasurer)	$94,593	$0
Beverly Jane Iverson (President)	$86,967	$0
Dyanne C Iverson (Secretary)	$50,656	$0

990-PF

Filed on May 10, 2018

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$582,501

Expenses

$526,227

Net Income

$56,274

Net Assets

$9,560,299

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$582,501	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$397,344	75.5%
Compensation of Officers*	$244,758	46.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,560,299
Total Liabilities	$0
Net Assets	$9,560,299

Compensation

Key Employees and Officers	Compensation	Other
Beverly Jane Iverson (President)	$99,770	$0
Cordell K Iverson (Treasurer)	$94,988	$0
Dyanne C Iverson (Secretary)	$50,000	$0

990-PF

Filed on Nov. 15, 2016

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2014

Revenue

$638,949

Expenses

$756,295

Net Income

-$117,346

Net Assets

$10,394,556

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$638,949	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$419,174	55.4%
Compensation of Officers*	$249,167	32.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,394,556
Total Liabilities	$0
Net Assets	$10,394,556

Compensation

Key Employees and Officers	Compensation	Other
Beverly Jane Iverson (President)	$100,000	$0
Cordell K Iverson (Treasurer)	$95,000	$0
Dyanne C Iverson (Secretary)	$54,167	$0

990-PF

Filed on May 18, 2015

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

PDF (2 of 2)

Fiscal Year Ending Dec.
2013

Revenue

Expenses

$757,235

Net Income

-$757,235

Net Assets

$9,161,610

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$420,000	55.5%
Compensation of Officers*	$245,000	32.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,161,610
Total Liabilities	$0
Net Assets	$9,161,610

Compensation

Key Employees and Officers	Compensation	Other
Beverly Jane Iverson (President)	$100,000	$0
Cordell K Iverson (Treasurer)	$95,000	$0
Dyanne C Iverson (Secretary)	$50,000	$0

990-PF

Filed on Nov. 18, 2014

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Dec.
2012

Revenue

Expenses

$542,973

Net Income

-$542,972

Net Assets

$10,292,101

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$205,000	37.8%
Compensation of Officers*	$245,000	45.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,292,102
Total Liabilities	$1
Net Assets	$10,292,101

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$488,843

Expenses

$676,980

Net Income

-$188,137

Net Assets

$10,835,075

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$0
Sales of Assets	$0
Other Income	$488,843	100%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$350,000	51.7%
Compensation of Officers*	$245,000	36.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$10,837,752
Total Liabilities	$2,677
Net Assets	$10,835,075

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$692,771

Expenses

$854,624

Net Income

-$161,853

Net Assets

$11,426,751

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$23	0.0%
Dividends	$0
Sales of Assets	$0
Other Income	$692,748	100.0%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$519,094	60.7%
Compensation of Officers*	$253,586	29.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$11,441,125
Total Liabilities	$14,374
Net Assets	$11,426,751

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2009

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2008

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2007

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2006

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2005

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Dec.
2004

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2003

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2002

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2001

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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Raw filing data. Includes EINs and summary financials as structured data.
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William Lion Penzner Foundation

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $642k (2024)

Expenses $580k (2024)

Total Assets $9.36M (2024)

Total Liabilities $1.3k (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Dec. 2012

Revenue

$642k (2024)

Expenses

$580k (2024)

Total Assets

$9.36M (2024)

Total Liabilities

$1.3k (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2020

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001